Analysis by Frontier Economics found that if the freeze
on Local Housing Allowance (LHA) rates continues into 2020/21 and there is no
top-up funding available, 91% of The Salvation Army’s homes would cost more to
run than there is funding to cover them. This would mean the charity would be
forced to raise income elsewhere. The Salvation Army is calling on the
government to delay applying LHA rates to supported housing until April 2022 to
allow time for a new solution to be found that “accurately reflects the true
costs of safe and secure supported housing”, a spokesperson said. Read more on
Inside Housing.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
-
Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
7 hours ago
